Creditplus phone number Creditplus Strap Line

Want a hybrid car, then show a healthy credit score

May 5 2010
The reasons for the sudden popularity of the hybrid car are not easy to find. It is not the way they look or the way they can be handled on the road. The recession coupled with soaring gasoline prices has made this option a necessity.
You may want to do your bit towards contributing to a cleaner and greener environment by going in for hybrid cars. However, unless your credit score is a healthy one, you will find that lenders are not very keen to advance you that car loan you require for the vehicle, your noble intentions notwithstanding.
We have had some years of easy credit and that has resulted in a lot of financial stress and recession. Auto dealers have also reported instances of defaults by lenders and are therefore chary of providing car finance to buyers with dubious credit records. It is becoming difficult to convince people that they are not getting easy credit due to their poor credit score when it was due to their ability to get access to mortgage loans that caused the problems in the first place.

More from Financial and Loan News


Created May 23 2012

Motor complaints 'reflect tough economy' Image The past financial year's 26% rise in car insurance complaints from customers is "likely to reflect the tougher economic times", the Financial Ombudsman Service (FoS) said.

More from Financial and Loan News


Created May 21 2012

Aston Martin sold for £1.2m Image A rare Aston Martin has gone under the hammer - selling for more than £1.

More from Financial and Loan News


Created May 18 2012

Rise in finance sales boosts car industry Image The car finance market is strengthening and the UK motor industry is reaping the benefits from a rise of nearly a quarter in sales, according to the Finance & Leasing Association (FLA).

More from Financial and Loan News


Created May 15 2012

More people buying vehicles on dealer credit Image More motorists are opting to buy a new car using showroom credit, according to research.

More from Financial and Loan News


Created May 11 2012

Consumer finance confidence 'on the up' Image Consumer confidence in credit cards, loans and car finance schemes are making a slow comeback, according to a new report.

More from Financial and Loan News


Created May 5 2012

Juke-R makes a comeback Image Car giant Nissan has announced it is to restart production of its popular concept car - the Juke-R.

More from Financial and Loan News


Created May 5 2012

New car sales rise Image Car finance enquiries look likely to have risen in April as new car sales levels were up during the month.

More from Financial and Loan News


Created May 4 2012

Garage of the Year shortlist decided Image The 20 most reliable garages in the land have been decided in a public vote.

More from Financial and Loan News


Created May 4 2012

Black boxes reduce premiums Image Installing black box technology in motorists´ vehicles could help to drive down car insurance premiums for female and young drivers, according to a leading politician.

More from Financial and Loan News


Created May 4 2012

Daring to be different Image Motorists who like to stand out from the crowd might want to consider the Hyundai Veloster - which has been unveiled to the public.

More from Financial and Loan News


Used Cars For Sale

Watch our Video FAQs

Loans by Budget

Excellent

Good

Fair

Low

 
£
£
Credit Status Good more info on credit status
Representative APR 7.9% *

Top Used Car Searches

Visitcars.co.uk